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Honest Networks

Symmetrical fiber internet service provider

Overview

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About Honest Networks

Simplify's Rating
Why Honest Networks is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise Software

Company Size

51-200

Company Stage

Growth Equity (Venture Capital)

Total Funding

$102M

Headquarters

New York City, United States

Founded

2018

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Simplify's take

What believers are saying

  • Honest.net advertised $50 home gigabit and $200 business gigabit on October 3, 2026.
  • A March 6, 2026 hiring post named Westchester, Jersey City, and Stamford expansion.
  • Honest's New York filing reported 12,500 subscribers and 8,800 in-state as of February 2025.

What critics are saying

  • New York regulators recorded a 2023 net loss near $3.27 million and continuing 2025 losses.
  • The company said outside capital is critical; its $98.6 million commitment expires in 2027.
  • Fios and Spectrum can subsidize aggressive pricing, blocking Honest's scale before cash runs out.

What makes Honest Networks unique

  • Honest sells no-contract gigabit fiber, with symmetrical 980 Mbps home service and transparent pricing.
  • Its building-access model deploys service before move-in, cutting acquisition friction for landlords.
  • Business gigabit reaches 10 Gbps, positioning Honest above many New York cable incumbents.

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Funding

Total Funding

$102M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison Coming Soon

Benefits

  • Paid Vacation
  • Paid Sick Leave
  • Health Insurance
  • Vision Insurance
  • Dental Insurance
  • Commuter Benefits
  • 401(k) Retirement Plan
  • 401(k) Company Match

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